AU vs. WPM: AngloGold Ashanti vs. Wheaton Precious Metals Stock Comparison

November 11, 2026

How do AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.

Company profile comparison for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Profile Item	AU	WPM
Name	AngloGold Ashanti plc	Wheaton Precious Metals Corp.
Country/Region	United States	Canada
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Gold
Market Capitalization	47.04 billion USD	61.91 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 5, 1998	July 6, 2005
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

WPM

GSPC

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
Total Return (1Y)	47.97%	45.35%
Total Return (3Y, Annualized)	87.34%	50.60%
Total Return (5Y, Annualized)	42.76%	29.06%

Risk Profile

Drawdown History

WPM

GSPC

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
Volatility (1Y, Annualized)	60.11%	52.11%
Beta (5Y)	0.67	0.49
Max Drawdown (5Y)	-51.75%	-43.29%
Avg. Volume (3M)	2.54M	2.01M

Risk-Adjusted Performance

Risk-Return Positioning

AU and WPM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
Sharpe Ratio (1Y)	0.73	0.79
Sortino Ratio (1Y)	1.07	1.14

Profitability

ROE (TTM)

Both AngloGold Ashanti (AU) at 44.33% and Wheaton Precious Metals (WPM) at 23.10% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

AU

Materials industry group

44.33%

Max: 52.88%
AU: 44.33%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

WPM

Materials industry group

23.10%

Max: 52.88%
WPM: 23.10%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Wheaton Precious Metals (WPM) at 60.39% keeps the most of each sales dollar — above its industry’s net margin range — and AngloGold Ashanti (AU) at 32.64% also retains a top-quartile share.

AU

Materials industry group

32.64%

Max: 38.66%
AU: 32.64%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

WPM

Materials industry group

60.39%

WPM: 60.39%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both AngloGold Ashanti (AU) at 45.36% and Wheaton Precious Metals (WPM) at 66.70% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

AU

Materials industry group

45.36%

Max: 66.70%
AU: 45.36%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

WPM

Materials industry group

66.70%

WPM: 66.70%
Max: 66.70%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
ROE (TTM)	44.33%	23.10%
ROA (TTM)	24.39%	15.22%
Net Margin (TTM)	32.64%	60.39%
Operating Margin (TTM)	45.36%	66.70%
Gross Margin (TTM)	54.84%	86.61%

Growth

Revenue Growth

Both AngloGold Ashanti (AU) at 70.78% and Wheaton Precious Metals (WPM) at 80.18% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both AngloGold Ashanti (AU) at 122.32% and Wheaton Precious Metals (WPM) at 177.85% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
Revenue Growth (YoY)	70.78%	80.18%
Revenue Growth (3Y CAGR)	30.02%	29.53%
EPS Growth (YoY)	122.32%	177.85%
EPS Growth (3Y CAGR)	93.95%	29.83%

Financial Strength

Current Ratio (MRQ)

AngloGold Ashanti (AU) at 2.55 keeps current ratio within its industry’s typical mid-range, while Wheaton Precious Metals (WPM) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WPM.

AU

Materials industry group

2.55

Max: 5.96
Q3: 3.30
AU: 2.55
Median: 2.24
Q1: 1.45
Min: 0.16

WPM

Materials industry group

0.57

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
WPM: 0.57
Min: 0.16

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both AngloGold Ashanti (AU) at 0.16 and Wheaton Precious Metals (WPM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AU

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
AU: 0.16
Q1: 0.13
Min: 0.00

WPM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
WPM: 0.16
Q1: 0.13
Min: 0.00

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
Current Ratio (MRQ)	2.55	0.57
Debt / Equity (MRQ)	0.16	0.16
Net Debt / EBITDA	-0.17	0.50

Dividends

Dividend Yield (TTM)

Wheaton Precious Metals (WPM) at 0.57% pays an industry-typical yield; AngloGold Ashanti (AU) at 4.88% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

AU

Materials industry group

4.88%

AU: 4.88%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

WPM

Materials industry group

0.57%

Max: 4.52%
Q3: 1.85%
WPM: 0.57%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Wheaton Precious Metals (WPM) at 16.29% pays out a band-typical share of earnings, while AngloGold Ashanti (AU) at 58.78% distributes more than its industry norm — less retained, thinner cover.

AU

Materials industry group

58.78%

Max: 83.62%
AU: 58.78%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

WPM

Materials industry group

16.29%

Max: 83.62%
Q3: 41.37%
WPM: 16.29%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
Dividend Yield (TTM)	4.88%	0.57%
Dividend Payout Ratio (TTM)	58.78%	16.29%

Valuation

P/E Ratio (TTM)

Both AngloGold Ashanti (AU) at 12.09 and Wheaton Precious Metals (WPM) at 29.63 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AU

Materials industry group

12.09

Max: 59.00
Q3: 32.93
Median: 18.82
AU: 12.09
Q1: 11.96
Min: 3.93

WPM

Materials industry group

29.63

Max: 59.00
Q3: 32.93
WPM: 29.63
Median: 18.82
Q1: 11.96
Min: 3.93

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

AngloGold Ashanti (AU) at 3.91 prices around its industry’s typical P/S ratio, while Wheaton Precious Metals (WPM) at 17.86 clears its benchmark range — WPM looks notably rich on sales.

AU

Materials industry group

3.91

Max: 9.62
Q3: 4.34
AU: 3.91
Median: 1.87
Q1: 0.73
Min: 0.00

WPM

Materials industry group

17.86

WPM: 17.86
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Both AngloGold Ashanti (AU) at 5.01 and Wheaton Precious Metals (WPM) at 6.17 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

AU

Materials industry group

5.01

Max: 6.59
AU: 5.01
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

WPM

Materials industry group

6.17

Max: 6.59
WPM: 6.17
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

AngloGold Ashanti (AU) vs. Wheaton Precious Metals (WPM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for AngloGold Ashanti (AU) and Wheaton Precious Metals (WPM)
Metric	AU	WPM
P/E Ratio (TTM)	12.09	29.63
P/S Ratio (TTM)	3.91	17.86
P/B Ratio (MRQ)	5.01	6.17
Free Cash Flow Yield (TTM)	7.61%	-5.11%